South Australia’s alleged “bicycle bandit”, who is accused of carrying out armed bank hold-ups over a decade, has pleaded not guilty to 10 counts of aggravated robbery.

Kym Allen Parsons, 73, today faced South Australia’s Supreme Court and also pleaded not guilty to possessing an unregistered firearm and possessing a firearm without a licence.

Mr Parsons is accused of carrying out 10 armed bank robberies in small South Australian towns between 2004 and 2014.

He was arrested last year after an investigation stretching back almost two decades.

A total of more than $250,000 was allegedly stolen.(Supplied: SA Police)

Police allege that, between July 2004 and June 2009, Mr Parsons robbed banks in towns including Lobethal, Blackwood, Mount Pleasant, Tanunda, Yankalilla, Balaklava and Willunga. 

A total of more than $250,000 was allegedly stolen.

At the time, police were investigating whether the so-called “bicycle bandit” was responsible due to what they described as “striking similarities” between the robberies, with the offender often making his escape on a bicycle.

Mr Parsons, who has stage 4 cancer, was previously granted home detention in October after a court heard he had lost 7 kilograms while in custody.

Justice Adam Kimber today ordered those bail conditions to continue with the same terms.

A District Court judge previously accepted the prosecution’s application to freeze his assets, including five bank accounts and his O’Sullivan Beach property worth more than 1 million dollars.

Mr Parsons’s defence lawyer, James Marcus, asked Justice Kimber to approve an eight-week trial due to the number of witnesses.

He said 302 witnesses were listed but noted that not all of them were expected to be called upon to provide evidence.

Mr Parsons will face trial in the Supreme Court in February 2025.